cb: corner blunting; as if the corner of jackets where drop against a hard surface.
cc: cut corner.
cf: color flake; a tiny spot of lost color.
corc: corner crease.
cw: cover wear.
dh: drill hole.
gf: gatefold.
ins: info, notes, lyrics and credits insert.
lbl: label.
md: moisture damage; wrinkling and/or stains caused by absorption of a liquid.
min: minor.
obc: on back cover.
ofc: on front cover.
ph: punch hole.
promo: can also be designated as dj, audition, not for sale, radio stations, and demo copy.
prostp: promo stamp; gold embossed notice on back cover indicating that item is a promo.
rc: rounded corner or used corner caused by improper handling or storage.
re: reissue.
rw: ring wear.
sc: saw cut; half inch or 1" long thin cut line.
se: seam; line where the edges touch each other at bottom or top of cover.
sew: seam wear.
shrink: shrink wrap still on cover.
sm: small.
soc: sticker or price tag on cover.
sobc: sticker or price tag on back cover.
sol: sticker on label, (side 1, side 2 or both sides).
sp: spine; the left-hand edge of the cover that will not open.
spw: spine wear.
split: opening of one or more inches along spine or seams.
tiny: very small.
tse: taped seam of one or more inches according to split length.
tsp: taped spine of one or more inches according to split length.
woc: writing on cover.
wobc: writing on back cover.
wol: writing on label.

All records are visually graded unless otherwise noted.
SS (still sealed)
In factory fresh condition.
M (mint)
We don't use this grade.
NM (near mint)
A near perfect, probably unplayed record.
NM- (near mint minus)
Near perfect but has one almost invisible defect.
VG++ (very good plus plus)
Near perfect but has one or two very minor defects.
VG+ (very good plus)
Minor signs of wear, scuffs, scratches, punch hole, creasing corner.
VG (very good)
A used, reasonable copy. Obvious signs of wear.
VG- (very good minus)
Significant wear and marks and usually quite noticeable surface noise.
G (good)
In the record world, "Good" is not good! From here on down we're talking about beat-up records.
P (poor)
Record is cracked, badly warped, and won't play through without skipping.
Strong
A term used to describe a "in between" situation. Sometimes it's a thin line between
VG and VG+ or VG++ and NM. When things become hard to judge we add the term "strong"
to the lower grade.